Residential Property Valuation (Whole country, ECB) in Latvia
Latvia: Residential Property Valuation (Whole country, ECB) was 4.94 in 2018. ◆ Volatile
Latest (2018)
4.94
Change on year
up 61.2%
World rank
7th
of 20 countries
All-time high
47.88
in 2007
All-time low
-8.81
in 2009
Years of data
12
2007–2018
Residential Property Valuation in Latvia, 2007–2018
Source: European Central Bank.
Analysis
Latvia recorded 4.94 for residential property valuation in 2018.
The figure is up 61.2% on the previous year and down 76.8% over ten years.
Over the whole period, residential property valuation in Latvia peaked at 47.88 in 2007 and was at its lowest, -8.81, in 2009.
Latvia ranks 7th of 20 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Residential Property Valuation (Whole country, ECB) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 47.88 | — |
| 2008 | 21.31 | -55.5% |
| 2009 | -8.81 | -141.3% |
| 2010 | -7.38 | -16.3% |
| 2011 | 2 | -127.1% |
| 2012 | -2.62 | -231.2% |
| 2013 | -1.44 | -45.2% |
| 2014 | -1.19 | -17.4% |
| 2015 | -8.31 | +600.0% |
| 2016 | -2.31 | -72.2% |
| 2017 | 3.06 | -232.4% |
| 2018 | 4.94 | +61.2% |
Latvia compared with similar countries
- Latvia's 4.94 is above the median for Europe & Central Asia, which is 0.7812, 6.3× the median. (18 countries reporting)
- Latvia's 4.94 is above the median for high income countries, which is -1.38. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.12 | -8.81 | 47.88 | 3 |
| 2010s | -1.47 | -8.31 | 4.94 | 9 |
Countries ranked near Latvia
More financial sector data for Latvia
- Reserve position in the IMF, US dollar, annual growth rate 68.5 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 43.27 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 60.46 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 31.6 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 68.5 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 43.27 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 60.46 % change on previous year (2025)
Frequently asked questions
- What is residential property valuation in Latvia?
- Residential property valuation in Latvia was 4.94 in 2018, according to European Central Bank.
- What is the highest residential property valuation recorded in Latvia?
- The highest recorded value was 47.88 in 2007.
- What is the lowest residential property valuation recorded in Latvia?
- The lowest recorded value was -8.81 in 2009.
- How does Latvia rank for residential property valuation?
- Latvia ranks 7th out of 20 countries with data for 2018.
- Is residential property valuation rising or falling in Latvia?
- Over the last ten years it is down 76.8%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from European Central Bank, published as part of Residential Property Valuation (Whole country, ECB). Statizoid updates them automatically from the source API.
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